Post-market Wrap (recording & summary)

Friday’s reversal down could have been a lot more destructive. Exiting Friday afternoon’s bias environment beyond all other intraday timing window extremes tends to extend in that direction through the close.

But Friday afternoon’s bias environment was AT the 2038.00 prior extremes. Even the 3:10-3:20 timing window’s downward bias avoided actually trending down under 2034.00. Selling pressure was expended, but didn’t gain traction.

Reacting up to 2040.75 into the close also didn’t gain traction. Either end of the week-long range could be tested next. And either end could be probed without extending in that direction. Several specific parameters will help to signal which attraction is dominant, and I’ll describe them at this weekend’s Saturday Review.

Details and other markets coverage are discussed in the post-market Wrap recording here.

[I’ll email the Saturday Review link overnight.]